We came across a bullish thesis on ContextLogic Inc. (LOGC) on Substack by Polymath Investor. In this article, we will summarize the bulls’ thesis on LOGC. ContextLogic Inc. (LOGC)'s share was trading at $7.85 as of 23rd May 2025.
ContextLogic Inc. (LOGC), once a leading e-commerce platform under Wish.com, faced a severe decline from $2.5 billion in revenue in 2020 to just $287 million in 2023, as user engagement dropped sharply and losses exceeded $300 million annually due to an unsustainable business model and high marketing costs. After several failed turnaround attempts and...
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